What were the new energy sources in the second industrial revolution?
Electricity and petroleum
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15
What is the process of making large numbers of identical goods in great quantities called?
Mass production
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15
What were living conditions often like in working class neighbourhoods?
Small, poorly ventilated and poorly lit houses built with poor quality materials. 1 room for cooking and eating, 1 room for sleeping. No running water or sewage
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15
What were working conditions like in the first textile factories?
Frequent accidents with burns, cuts, mutilations and death. No health insurance or unemployment benefit or pension schemes. Low wages. Frequent dismissals
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15
What are the defining ideological features of economic liberalism?
The principle of economic freedom (to hire, fire, create businesses and set prices and conditions of products), trust in the invisible hand of supply and demand
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boom
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gold
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rocket
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baam
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15
What financial innovations enabled the growth of business?
The creation of corporations, divided into shares traded on the stock market between shareholders. + Bank loans. = Financial capitalism
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15
When workers protest unsafe and unjust working conditions by refusing to work until their demands are met it is called?
A strike.
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15
What lead to population growth in the late 18th century?
The death rate decreased due to improved nutrition, hygiene and public health. The birth rate continued to be high
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lifesaver
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shark
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shark
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lifesaver
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15
What decade is considered the start of the first industrial revolution?
1760
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15
What did Ford use in his automobile factories to mass produce cars?
An assembly line
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baam
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seesaw
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gift
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banana
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seesaw
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magnet
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fairy
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5
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25
baam
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15
What was the shift from hand tools to power driven machinery called?
The Industrial Revolution
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15
What are organizations that workers form to improve their working conditions?